Class: B
Year: 1980
Style: Garden-Style
Address: 5827 Northwest Loop 410, San Antonio, Texas, 78238
Property URL: parc410.com
Investment Summary
Parc 410 is a 273 Unit Garden-Style, Class B property built in 1983. Acquired in March 2017, this property offers unique amenities and an ideal central location with easy access to major highways – 151, 90, and 410. This property has a unit mix of 176 one-bedrooms and 80 two-bedrooms.
Common area amenities
- Two Swimming Pools
- Modern Clubhouse
- Media Room
- Multi-Level Fitness Center
- Basketball Court
- Gated Dog Park
- BBQ & Picnic Areas
- Large Clothing Care Center
- On-Site business center
Interior Amenities
- Air Conditioning
- Carpet, Tile and Hardwood Floors*
- Ceiling Fans*
- Dishwasher & Garbage Disposal
- Patio or Balcony
- Walk-In Closets
- Window Coverings
- Washer/Dryers*
- Black Appliances*
- New Cabinet Faces
Business Plan
The strategy for this property is to improve the property to create greater cash flow and profitability. This strategy includes increasing rents to market average and developing additional sources of income, reducing controllable expenses, and repositioning the property to bring in higher quality tenants and decrease turnover. The property will also go through an extensive rehab to include interior unit renovations and upgrades to include new exterior screens and water conservation features. This process will all be handled by our in-house experienced property management team.
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